The free agency frenzy has begun. Just a few hours into the league's busiest period, multiple deals have already been thrashed out between teams and players.
One of the first deals to have been reported will also possibly be the most surprising. According to The Vertical, the Los Angeles Lakers have agreed to a four-year $64 million deal with Cleveland Cavaliers center Timofey Mozgov.
The Russian big man averaged just 6.3 points, 4.4 rebounds and 17.4 minutes in 76 regular-season games for the NBA champions this past season, but averaged just 5.8 minutes in the playoffs.
The seven-footer lost his place in the Cavs rotation once Tyronn Lue was installed as the head coach in January following the firing of David Blatt.
Under Blatt, Mozgov was a key player and was the team's starting center for much of his time in Cleveland after he was acquired from the Denver Nuggets in January 2015.
He averaged 10.6 points and 6.9 rebounds in 46 games in the 2014-15 campaign. He started all 20 games during the postseason and played a huge part in the Cavaliers' run to the NBA Finals, where he even posted a 28-point game in that series with the Golden State Warriors.
However, heading into a contract year, it became increasingly unlikely that the 29-year-old - who turns 30 on July 16 - would re-sign in Cleveland and that's proven to be the case as he's pounced on a surprisingly huge deal from the Lakers.
The Purple and Gold were always expected to be active in free agency to try and improve their roster after a franchise-worst season where they won just 17 games.
The Lakers - who were projected to have close to $56 million in cap space - were always on the lookout for a center to complement the young talent they have with power forward Julius Randle, point guard D'Angelo Russell and the recent number two draft pick, small forward Brandon Ingram.
A deal taking Mozgov to L.A. didn't seem to be on the radar and will certainly go down as one of the shock deals this offseason.
The Pacific Division team was being linked with players such as Bismack Biyombo and Festus Ezeli at the five spot but they have decided to swoop for the recently crowned champion instead.
Lakers fans will have been hoping - and still are - to have seen a marquee name turn up at the City of Angels, so this deal will underwhelm them slightly, to say the least.
Kobe Bryant's retirement has opened up a large amount of cap space for the franchise so we don't expect their business to end here, though.
Reports have claimed that highly coveted free agent Kevin Durant has refused to grant the Lakers a meeting, which effectively puts them out of the running to sign the best player on the market.
For now, though, it is Mozgov who will be heading to the Staples Center. He can officially sign when the NBA’s free-agency moratorium ends on July 7.